40, CORMORANT DRIVE, STOWMARKET, IP14 5UE - £202,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 CORMORANT DRIVE is a very large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £202,500 in October 2012, which was around 21% below the average October 2012 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

40 CORMORANT DRIVE Sold Prices

Land registry data shows three sales for 40 CORMORANT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. The three 40 CORMORANT DRIVE sales were a mix of below the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 1 OCT	£202,500	£254,725	21% below HPI
2007 26 JUL	£250,000	£265,489	6% below HPI
2006 30 NOV	£259,995	£259,020	Close to HPI

40 CORMORANT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 40 CORMORANT DRIVE sales between November 2006 and October 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40 CORMORANT DRIVE?

40 CORMORANT DRIVE is 144m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 40 CORMORANT DRIVE lies on this distribution: 87% of detached houses are smaller than 40 CORMORANT DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

40 CORMORANT DRIVE: Plot and Title Map

40 CORMORANT DRIVE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 40 CORMORANT DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 CORMORANT DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 CORMORANT DRIVE?

40 CORMORANT DRIVE is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 40 on CORMORANT DRIVE.